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Crazy DealFix & FlipAssignment of contractPosted 2 days ago

Detached 1.5 Storey in Timmins

Bruce Ave, Timmins, ON

Price

$132,000

2

Beds

1

Bath

846

Sq ft

Home

Type

About this property

Detached 1.5-storey home in Timmins, available as an assignment of contract. The property has 2 bedrooms, 1.5 bathrooms, and an unfinished basement, with light renovations needed. The property • Detached 1.5-storey home built in 1954. • 846 sqft above grade, 362 sqft unfinished basement (accessed via trap door, used for storage). • 6 ft ceiling height in basement. • No appliances included. Systems and condition • Electrical: Breaker panel with copper wiring. • Furnace: Owned, installed in 2024. • Hot water tank: Owned, due for replacement. • No A/C. • Roof replaced in 2012, older windows. • Light renovations needed: siding, kitchen and bathroom updates, flooring, and painting. • Seller may leave junk behind—budget for removal. Lot and location • 37.5 ft x 100 ft lot. • EA-CG zoning (commercial residential), currently used as a single-family home. • Property taxes: approximately $2,609. Terms • Assignment of contract. • Closing date: January 11, 2027. • Buyer agrees to pay seller’s legal fees up to $1,000.

The numbers

Price

$132,000

Est. after repairs

$240,000

$108,000 above price

Values are estimates based on recent nearby sales. Buyer to verify.

The play: Fix & Flip

Light cosmetic renovations to update the home for resale.

  • Redo the siding
  • Update the kitchen and bathrooms
  • Replace the flooring
  • Apply fresh paint throughout

Property snapshot

Type
Detached 1.5 Storey
Bedrooms
2
Bathrooms
1.5
Living space
846 sqft above ground & 362 sqft below grade
Basement
Unfinished, accessible from trap door, used for storage
Basement ceiling height
6ft
Year built
1954
Lot size
37.50ft x 100ft
Property taxes
$2,609
Zoning
EA-CG (commercial residential)
Current use
Single family home

Condition check

Electrical

Breaker panel with copper wiring

Good

Furnace

Installed in 2024

Good

A/C

No A/C

Budget for it

Hot water tank

Due to be replaced

Budget for it

Roof

Replaced in 2012

Check

Windows

Older, date unknown

Check

Recent sales nearby

132 Huot St

Sold September 2026

$250,000

Renovated comparable

2-bedroom, 1-bathroom with garage, but subject property has an extra half bathroom and commercial space.

156 Warner St

Sold August 2026

$288,000

Renovated comparable

2-bedroom, 1-bathroom with double garage, but subject property has an extra half bathroom and commercial space.

Deal terms

Sale type
Assignment of contract
Closing
January 11, 2027
Term
Buyer agrees to pay the seller's legal fees up to $1,000
Term
First come, first served

Price

$132,000

Est. after repairs

$240,000

Closing

January 11, 2027

Sale type

Assignment of contract

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